{"id":79685,"date":"2026-04-07T15:31:44","date_gmt":"2026-04-07T15:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=79685"},"modified":"2026-04-07T15:31:44","modified_gmt":"2026-04-07T15:31:44","slug":"the-average-xrp-wallet-is-41-in-the-red-heres-why-ftx-may-be-to-blame","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=79685","title":{"rendered":"The Average XRP Wallet Is 41% In The Red: Here&#8217;s Why FTX May Be To Blame"},"content":{"rendered":"<div>\n<p><strong>XRP<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/XRP-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"XRP\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) has surged about 163% since the November 2022 FTX collapse, but this headline growth masks a much weaker reality for most investors.<\/p>\n<h2 class=\"wp-block-heading\"><strong>XRP&#8217;s Wallet Holders<\/strong><\/h2>\n<p>Despite the price increase, data from Santiment <a href=\"https:\/\/x.com\/santimentfeed\/status\/2041386178134307239\">shows<\/a> that active XRP wallets are sitting on average losses of around 41%, meaning a large share of holders bought at higher prices and are still underwater.<\/p>\n<p>This is reinforced by the MVRV ratio dropping to its lowest level since the FTX crash, a signal that most investors are holding at a loss.<\/p>\n<p>Further on-chain insights from Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/2041137501029433852\">indicate<\/a> that more than half of XRP&#8217;s circulating supply is &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51683408\/the-average-xrp-wallet-is-41-in-the-red-heres-why-ftx-may-be-to-blame?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"The\" average xrp wallet is in the red: here why ftx may be to blame>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (CRYPTO: XRP) has surged about 163% since the November 2022 FTX collapse, but this headline growth masks a much weaker reality for most investors. XRP&#8217;s Wallet Holders Despite the price increase, data from Santiment shows that active XRP wallets are sitting on average losses of around 41%, meaning a large share of holders bought [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-79685","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79685"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79685\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}